Korean Tightening May Wait Until '07

Trade, GDP Strength
Rival Tame Inflation;
Meeting This Week

By

Jung-Ah Lee and

Jin-Young Yook

Updated Dec. 4, 2006 12:01 a.m. ET

SEOUL -- The Bank of Korea revised up its economic-growth estimate for the third quarter Friday and the government said the country's trade surplus hit a record in November, which could encourage the central bank to resume its policy tightening as early as February.